A sublime three days of trade at Oaklands has seen almost every conceivable record smashed as the Inglis Premier Yearling Sale took on a new level of success.
Among key highlights:
The sale grossed A$71,235,000 a 25% year-on-year increase and beat the previous Premier gross record of A$60.6m set in 2017
The Book 1 average of A$139,803 is a clear Premier Sale record
Familiar face – Mat de Kock gives the thumbs up (Pic – Inglis)
Blue Gum Farm again ended as leading vendor, grossing A$5,205,000 from 25 lots sold, while the most active buyer was Ciaron Maher Bloodstock who took home 20 lots
The top end of the market surged spectacularly, with a 266% increase in yearlings sold for A$400,000 or above (22 this year, up from six last year) and a 105% increase on lots sold for A$300,000 or above (37 this year, up from 18 last year)
The buying bench, as expected led by Victorians, included buyers from each of the other seven Australian States and Territories as well as Hong Kong, Singapore and NZ, while 21% of the catalogue received a bid through the Inglis Online Bidding system
The sale’s top lot – a Written Tycoon x Gybe colt of Blue Gum’s which sold to James Harron – became just the second horse ever to realise over A$1m in Victoria
The Sale Day Live broadcast, hosted by Jason Richardson, Caroline Searcy and Jemma Cutting, was again a booming success, with over 100,000 views between the Inglis website and Facebook page.
Inglis Managing Director Mark Webster was thrilled with the overall results and high in his praise for the Victorian breeding industry that has backed the 2021 Melbourne Premier Sale so diligently.
“This is their sale, they have thrown everything behind it be it as a breeder, vendor or buyer and what this past three days has proven is that when a huge amount of local support – coupled with outstanding drafts from the Hunter Valley, Tasmania, South Australia etc – is there, the results can be astronomical,’’ Webster said. “For a Premier Sale to gross in excess of A$70m is really quite extraordinary. There’s nothing this sale didn’t have – record gross, record average, record number of horses to sell at the higher end of the market, a A$1 million colt, the best-ever quality for buyers, a fantastic atmosphere, it had the works.” Webster concluded, “I’m so thrilled for all the vendors and breeders who achieved such fabulous results and so happy for the buyers who have taken home some of the best yearlings on offer anywhere in the southern hemisphere this year.’’
